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Premier Oil PLC (LON:PMO)‘s stock had its “outperform” rating reaffirmed by research analysts at Davy Research in a report released on Wednesday.

A number of other analysts have also recently weighed in on PMO. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Premier Oil PLC in a research note on Wednesday. They now have a GBX 515 ($8.63) price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Premier Oil PLC in a research note on Wednesday. They now have a GBX 350 ($5.87) price target on the stock. Finally, analysts at Westhouse Securities reiterated a “neutral” rating on shares of Premier Oil PLC in a research note on Wednesday. They now have a GBX 320 ($5.36) price target on the stock. Eleven equities research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of GBX 359.48 ($6.03).

Shares of Premier Oil PLC (LON:PMO) opened at 348.30 on Wednesday. Premier Oil PLC has a one year low of GBX 267.50 and a one year high of GBX 374.10. The stock’s 50-day moving average is GBX 336.0 and its 200-day moving average is GBX 310.. The company’s market cap is £1.833 billion.

Premier Oil plc (LON:PMO) is an independent exploration and production company with oil and gas interests in the North Sea, South East Asia and in the Middle East, Africa and Pakistan regions.

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